SWIFT/BIC code FAVSCHGGFEX
FAVSCHGGFEX belongs to Fonds de Compensation Avs/Ai/Apg in Geneva, Switzerland.
Code details
| SWIFT/BIC code | FAVSCHGGFEX |
|---|---|
| 8-character code | FAVSCHGG |
| Branch code | FEX |
| Bank | Fonds de Compensation Avs/Ai/Apg |
| Branch | Fex |
| City | Geneva |
| Country | Switzerland |
How the Fonds de Compensation Avs/Ai/Apg SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- FAVS Bank code
- 4 letters that identify the bank.
- CH Country code
- 2 letters for the country (ISO 3166).
- GG Location code
- 2 characters for the city or region of the head office.
- FEX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which branch is behind BIC FAVSCHGGFEX?
The code FAVSCHGGFEX belongs to Fex, part of Fonds de Compensation Avs/Ai/Apg in Geneva, Switzerland. Use this branch code only when the recipient or their bank explicitly asks for it.
What is the cheapest way to send money to Fonds de Compensation Avs/Ai/Apg in Switzerland?
Banks often add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Swiss Franc with transfer services before you send – the difference can be large.
Do I need FAVSCHGGFEX for a euro transfer to Switzerland?
Switzerland is part of the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need FAVSCHGGFEX.
How long does it take to send money to Fonds de Compensation Avs/Ai/Apg?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Can I use FAVSCHGG instead of FAVSCHGGFEX?
FAVSCHGG is the head office of Fonds de Compensation Avs/Ai/Apg, while FAVSCHGGFEX points to Fex. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention FAVSCHGGFEX.
What happens if I enter FAVSCHGGFEX incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check FAVSCHGGFEX against the details from Fonds de Compensation Avs/Ai/Apg before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.